As pointed out in our previous two-part blog, “Trends and Projections for U.S. Federal Government Grant Funding,” the availability of federal grant money is waning. Organizations that have once relied heavily on federal grant funding for their programs will likely need to look for other funding opportunities. Those opportunities could be from the hundreds of grant-giving corporations across the country. Corporations such as Bank of America and Walmart do more than provide banking services and discount products. These corporations, and hundreds of others like them, work to make a difference in their communities by providing grants to non-profit organizations in a variety of subject areas. Below we will detail a few of the grant-making corporations as well as their funding areas and any specific grant opportunities. There are countless other corporations looking for exceptional programs to fund so why not let us help you find several good matches for you? Contact a grant helper today to get your grant search started.
In June 2012, Bank of America Charitable Foundation awarded over $22 million in grants to more than 650 nonprofits. These funds were estimated to impact more than 31 million individuals. Nonprofit organizations in Bank of America communities have two opportunities for grants this year. Community development grants focus on nonprofit organizations helping with foreclosure counseling and mitigation, real-estate owned disposition, and affordable housing. Bank of America Charitable Foundation will issue a community development Request for Proposals (RFP) on April 15 and will accept applications through May 10. Additionally, nonprofits focused on helping with basic human needs, such as food, shelter, and benefits access can apply for a Bank of America critical needs grant. A critical needs RFP will begin on July 8 and applications will be accepted through August 2.
The Walmart Foundation aims to meet four core areas: 1) hunger relief & healthy eating; 2) sustainability; 3) women's economic empowerment; and 4) career opportunity with its local, state, and national giving programs. Through the local giving program, nonprofits, government entities, schools, or faith-based organizations located in Walmart communities can apply for $250-$2,500 grants that will benefit the facility’s service area in one of the four core areas. The deadline for applications is December 1, 2013. Walmart also operates a state-giving program, which awards grants to nonprofit organizations that operate on a regional or state level or affiliates of larger organizations that operate on a state level. The application period for the state-giving program begins in June and ends in August. Also, nonprofit entities that operate on a national scale may apply for grants through Walmart’s national-giving program, which awards grants of $250,000 or more. Program ideas should be submitted using the Letter of Inquiry (LOI) format only. Unsolicited proposals or promotional materials are not accepted.
Charitable organizations that aim to promote wellness, expand health opportunities, promote personal and professional growth, or find unique approaches to issues of local and global concern, could look toward the Cigna Foundation for grant funding. The Cigna Foundation judges grant proposals according to the following four qualities: responsive, creative, achievable, and beneficial. Applications are accepted throughout the year.
As a global financial institution, JPMorgan Chase aims to give back to its communities through its grant-giving Foundation. In 2011, JPMorgan Chase and its Foundation gave more than $200 million through grants and sponsorships. This Foundation supports nonprofit entities that promote community development, including programming that addresses workforce development, asset building, and financial literacy as well as those programs that encourage economic development and affordable housing. Also, the Foundation awards grants to K-12 education systems that increase economically disadvantaged children’s access to quality education. Finally, JPMorgan Chase supports organizations that encourage arts and culture in both schools and communities. To receive grant support for any such program, a potential grantee must first submit an online letter of inquiry.
Image Credit: jollyUK